{"id":15500,"date":"2012-10-12T05:46:53","date_gmt":"2012-10-12T03:46:53","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/update-1-brazils-vale-starts-copper-production-at-zambia-mine\/"},"modified":"2012-10-12T05:46:53","modified_gmt":"2012-10-12T03:46:53","slug":"update-1-brazils-vale-starts-copper-production-at-zambia-mine","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-brazils-vale-starts-copper-production-at-zambia-mine\/","title":{"rendered":"UPDATE 1-Brazil&#8217;s Vale starts copper production at Zambia mine"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">RIO DE JANEIRO<\/span> Oct 11 (Reuters) &#8211; Brazil&#8217;s Vale SA<br \/>\n said it has begun producing copper concentrate at its<br \/>\nLubambe mine in Zambia.<\/p>\n<p><span><\/span><\/p>\n<p>Production at the mine, which began on Oct. 4, is expected<br \/>\nto lead to an annual output of 45,000 tonnes of concentrate, the<br \/>\ncompany said in a securities filing on Thursday. Copper<br \/>\nconcentrate is a raw version of commercial copper that is later<br \/>\nrefined by smelters.<\/p>\n<p><span><\/span><\/p>\n<p>Vale&#8217;s efforts to increase copper production are part of a<br \/>\nstrategy by the company, the world&#8217;s largest producer of iron<br \/>\nore, to diversify into other commodities.<\/p>\n<p><span><\/span><\/p>\n<p>In addition to copper, Vale in recent years has pushed into<br \/>\ncoal and fertilizer production. After increased efforts in<br \/>\nnickel mining, the company this year expects to overtake<br \/>\nRussia&#8217;s Norilsk Nickel as the world&#8217;s biggest<br \/>\nproducer of nickel.<\/p>\n<p><span><\/span><\/p>\n<p>Still, iron ore at present accounts for about 90 percent of<br \/>\nVale&#8217;s profits and nearly three-quarters of its revenues.<\/p>\n<p><span><\/span><\/p>\n<p>The Lubambe mine is a joint venture with African Rainbow<br \/>\nMinerals Ltd. and Zambia Consolidated Copper Mines<br \/>\nLtd., the statement added.<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RIO DE JANEIRO Oct 11 (Reuters) &#8211; Brazil&#8217;s Vale SA said it has begun producing copper concentrate at its Lubambe mine in Zambia. Production at the mine, which began on Oct. 4, is expected to lead to an annual output of 45,000 tonnes of concentrate, the company said in a securities filing on Thursday. Copper [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-15500","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=15500"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15500\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}